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Real Estate Investing with Coach Carson

#429: He Stopped Saving Money … and Still Hit Financial Independence

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 21 July 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 

 

🎙️ Episode #429 - Coast FI, a more flexible path to financial independence that lets your money do the heavy lifting while you reclaim your time, energy, and freedom. Hitting this milestone can give you permission to slow down and start designing a life you truly enjoy.

 

▶️ Next Episode: How to Replace a $90,000 a Year Salary With Real Estate Cash Flow

https://youtu.be/-r2VVWo5z0o?si=19im6snvqV2ZsD4z

 

📄 Show Notes: https://www.coachcarson.com/coastfi/

 

🎬 Timestamps:

  • (00:00) - What is Coast Fi?
  • (01:43) - Coast FI vs. Regular FI
  • (04:35) - From Burnout to Balance
  • (06:21) - The Mental and Emotional Transition 
  • (08:34) - Designing a Life You Love
  • (10:18) - Helping Others Achieve Coast FI
  • (16:08) - Calculating Your Coast FI Number
  • (18:21) - Free Resources and Financial Projections
  • (18:59) - Inflation and Adjusted Growth Rates
  • (20:17) - Incorporating Real Estate into FI
  • (21:58) - Practical Real Estate Strategies
  • (26:36) - Real-Life Case Studies
  • (33:04) - How to Replace a $90,000 a Year Salary With Real Estate Cash Flow

 

🔗 Connect with Corey:

 

____________________________________________________________________

💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan

 

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant


📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod

Transcript

Click on a timestamp to play from that location

0:00.0

CoastFi gave me the permission to take my foot off the gas pedal. We eventually were saving 60% of our income.

0:06.0

My wife experienced of severe anxiety and panic attacks. And eventually her body caught up with her.

0:11.6

What if you're already closer to financial independence than you think? You just didn't know it yet, like Corey and Jess.

0:16.7

We put in the numbers around the calculation. We're like, hey, we're Coast Fi and we didn't even know it.

0:26.9

Reaching CoastFi gave Corey and Just the freedom to design their life they loved today instead of waiting for decades into the future. As a result, their lifestyle is transformed from burned out to much more balanced.

0:31.0

So it was like definitely gave us permission to stop saving so aggressively.

0:35.1

Hey, like you take care of you, like take as much time as you need to, like, recover.

0:39.9

If you've ever thought, I can't slow down yet

0:41.7

because I haven't saved enough,

0:43.3

Corey will share the math and the mindset

0:44.9

that allow them to step away from full-time work

0:46.9

without sacrificing their family's future.

0:49.2

Let's get started. something that you are you and jess your wife are an expert on that i've wanted to talk about

1:02.8

for a long time is this different take on financial independence different take on financial

1:07.0

freedom where it's called coastfi and i want want to start off. I want to get your story

1:12.7

and how you've used this in your own life and maybe get a little background on that. But can we

1:16.6

start with just definitions, vocabulary? What does Coast Phi even mean? Yeah. So CoastFi is short for

1:22.2

Coast Financial Independence. It's the idea that savings is optional. So while financial independence, work is optional,

1:29.4

COSFI is savings optional.

1:30.8

So basically you've built up enough savings and investments

1:33.9

that you no longer have to contribute another dollar,

1:37.2

and yet by the time you plan to retire,

...

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